Tag Archives: board member

Saab Automobile Board Meeting Rescheduled For Tomorrow

Posted on 07. Jan, 2010 by .

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As reported this morning, Bloomberg indicates that the Saab Automobile AB management board meeting has been rescheduled for tomorrow to take in additional last minute efforts for other bidders to buy Saab.

The discussion tomorrow will not only include the bidders, but also whether or not to start production this Sunday, January 11th as stated previously.

They have some additional coverage of our “Save Saab” gathering in Detroit, which is again nice to see.

Here is the article below:

Jan. 7 (Bloomberg) — Saab Automobile AB, the Swedish carmaker being wound down by General Motors Co., postponed a board meeting and bidders including Spyker Cars NV are making last-ditch efforts to buy the brand as a sale deadline looms.

The gathering, originally set for today, will take place tomorrow and examine whether or how Saab can restart production Jan. 11 after a four-week break, board member Haakan Danielsson said an interview. Board members may also discuss any possible new bids for Saab, he said.

GM has extended a deadline for Saab bids until today, giving Spyker more time to come up with financing for its offer, people familiar with the matter have said. Genii Capital, a private-equity firm that agreed to buy a majority stake in Renault SA’s Formula One team last month, intends to hand in a cash offer today, according to Lars Carlstroem, the Swedish investor who is working with Genii.
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Daimler Not Interested In Buying Saab Automobile

Posted on 27. Feb, 2009 by .

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Apparently, Daimler is also not interested in Buying Saab Automobile according to the site, All World Cars citing Reuters, Daimler AG board member Thomas Weber said that they have no interest in acquiring any GM brands.

I guess Daimler will be another brand to add to the list of those not interested in acquiring Saab Automobile AB?

Apparently, there are 8 parties interested in acquiring Saab Automobile both from within Sweden and outside, auto companies and non-auto companies, so who are they?

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